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Ceres Power price target raised to 480 GBp from 460 GBp at Jefferies

Jefferies raised the firm’s price target on Ceres Power (CPWHF) to 480 GBp from 460 GBp and keeps a Buy rating on the shares. The firm says the company’s capital markets day reinforces its constructive view of the shares. Jefferies is “positively surprised” by Endura, saying the platform “materially strengthens” Ceres’ commercial proposition.

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